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UK: 2015 housing recovery predicted

Posted on 31 May 2011

House prices are set to be 16% higher by the end of 2015 following a four-year recovery in the market that will start late this year, an economics group has predicted.
Property values will continue to fall for much of 2011, ending the year around 1.4% lower than they started it, according to the Centre for Economics and Business Research (CEBR). But the market will begin to stabilise towards the end of the year, when the UK’s property shortage will once again underpin prices……………………………………….Full Article: Source

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